Examlex
Binary fission results in four daughter cells from one parent cell.
Equivalent Annual Cost
A financial analysis tool used to compare the cost effectiveness of two or more projects with differing lifespans, by calculating the annual cost of each.
Sunk Cost
A cost that has already been incurred and cannot be recovered.
Stand-Alone Principle
A method of evaluating investment projects as if they were the only project the company is undertaking, assessing their viability on their individual merits.
Depreciation Tax Shield
The reduction in income tax that results from the allowance for depreciation, which can be considered a non-cash expense that decreases taxable income.
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